China Could Build 30 ‘Belt And Road’ Nuclear Reactors By 2030: Official

www.oann.com | 1/18/2016 | Staff
aniki (Posted by) Level 3
SHANGHAI (Reuters) – China could build as many as 30 overseas nuclear reactors through its involvement in the “Belt and Road” initiative over the next decade, a senior industry official told a meeting of China’s political advisory body this week.

Wang Shoujun, a standing committee member of the China People’s Political Consultative Conference (CPPCC), told delegates on Wednesday that China needed to take full advantage of the opportunities provided by “Belt and Road” and give more financial and policy support to its nuclear sector.

Power - State - Strategy - Exports - Export

“‘Going out’ with nuclear power has already become a state strategy, and nuclear exports will help optimize our export trade and free up domestic high-end manufacturing capacity,” he was quoted as saying in a report on the CPPCC’s official website.

He said China needed to improve research and development, localize the production of key nuclear components, and grow both the domestic and foreign nuclear markets to give full play to the country’s “comprehensive advantages” in costs and technology.

Wang - Chairman - China - National - Nuclear

Wang, also the former chairman of the state-owned China National Nuclear Corp. (CNNC), said “Belt and Road” nuclear projects could earn Chinese firms...
(Excerpt) Read more at: www.oann.com
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